Home → Cyprus → Economy & Growth → GDP

Cyprus GDP

Gross Domestic Product in current US dollars  NY.GDP.MKTP.CD

Cyprus's gdp was $39.9B in 2025, ranked 100th globally. This represents a 6.1% increase from 2024. Data from World Bank, covering 1975–2025.

$39.9B +$2.3B (+6.1%)
Year 2025 Rank #100 Global Peak $39.9B (2025) Source World Bank

Cyprus GDP (1975–2025)

Overview

Cyprus's gdp stood at $39.9B in 2025, a rise of +$2.3B from 2024. The IMF projects $39.9B by 2025. Cyprus ranked 100th globally.

Cyprus' GDP has experienced significant growth over the past five decades, with the latest figure standing at 39,943,000,000.00 in 2025, ranking the country 100th globally. The island nation's economy has demonstrated resilience, with its all-time peak and trough occurring in 2025 and 1975, respectively, at 489,912,574.31. This substantial increase in GDP over the years can be compared to that of peer countries, such as Estonia, which holds a higher rank at 46,763,000,000.00. The economic trajectory of Cyprus has been characterized by steady growth since the 1970s, with a notable surge in recent years. This trend is expected to continue if the country maintains its favorable business environment and continues to attract foreign investment, potentially surpassing its current ranking in the global GDP list.

Data & projection

Year GDP YoY change Rank
2030* IMF $52.2B - -
2029* IMF $49.7B - -
2028* IMF $47.4B - -
2027* IMF $45.1B - -
2026* IMF $43.2B - -
2025* IMF $39.9B - -
2025 $39.9B +$2.3B #100
2024 $37.6B +$3.7B #99
2023 $35.1B +$4.1B #102
2022 $31.2B +$825.0M #106
2021 $30.4B +$4.8B #109
2020 $25.6B −$644.9M #108
2019 $26.2B +$430.7M #108
2018 $25.8B +$2.8B #105
2017 $22.9B +$1.9B #102
2016 $21.0B +$1.1B #104
2015 $19.9B −$3.3B #102
2014 $23.2B −$734.1M #109
2013 $24.0B −$1.1B #108
2012 $25.0B −$2.6B #108
2011 $27.6B +$1.8B #114
Show all years (1975-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +28.5% GDP growth 5.9% C/A balance 1.0%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Cyprus matched the Export Boom Cycle pattern in 1994. Historically, 71% of countries showing this pattern (546 out of 768) saw gdp improve within 24 months. View full analysis →

Cyprus is experiencing a significant economic shift, successfully attracting international technology companies and positioning itself for future growth. A global study projects a substantial $1.1 billion AI-driven GDP boost for the country, highlighting the potential impact of this sector. Sustaining this growth and ensuring its benefits permeate the wider economy will depend on retaining these companies through regulatory certainty and long-term investor support.

Frequently Asked Questions

What is Cyprus's gdp?▾

Cyprus's gdp was $39.9B in 2025. Ranked 100th globally. This represents a 6.1% increase from the previous year.

What was the highest gdp in Cyprus?▾

Cyprus's gdp peaked at $39.9B in 2025.

What was the lowest gdp in Cyprus?▾

The lowest gdp in Cyprus was $489.9M in 1975.

How does Cyprus rank in gdp?▾

Cyprus ranks 100th globally in gdp as of 2025.

What is the World Bank indicator code for gdp?▾

The World Bank indicator code is NY.GDP.MKTP.CD. Data sourced from World Bank.

What is the projected gdp of Cyprus in 2025?▾

Cyprus's gdp is projected to reach $39.9B by 2025 based on IMF projection.

What is Cyprus's gdp in billion?▾

Cyprus's gdp was approximately 39.94 billion ($39.9B) in 2025.

What is the gdp of Cyprus in 2025?▾

The gdp of Cyprus in 2025 was $39.9B. This ranks 100th in the world.

Cite this page

APA
Cyprus GDP. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/cyprus/gdp/
BibTeX
@misc{historysaid_cyprus_gdp, title = {Cyprus GDP}, url = {https://historysaid.com/cyprus/gdp/}, publisher = {HistorySaid}, year = {2026} }

Related news

Part of the Kavela network · Where to watch movies, series & football globally → StreamWatchHub